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Month: November 2024

Posted on 09/11/2024

AuGroup Landed on the Hong Kong Stock Exchange, “The First Share of Furniture Going Overseas”, with Promising Potential Growth

Influenced by the easing cycle of overseas central banks and the continuous release of positive policy signals from the Mainland, investor sentiment in the Hong Kong stock market had markedly improved ...

Posted on 09/11/2024

Walk in the park? Why it takes 1 hour to get from Hong Kong’s Kai Tak stadium to TST

Sports and music fans leaving Hong Kong’s new flagship stadium will have to set aside about one hour to reach the tourism heart of Tsim Sha Tsui in Kowloon as access is difficult due to the many ...

Posted on 09/11/2024

Soros Fund Management to Shut Its Hong Kong Office

(Bloomberg) -- Soros Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative reorganization, but said it will continue to invest in Asia.

Posted on 09/11/2024

Hong Kong’s second-hottest IPO delivers 33% debut gain after 5,678 times subscription

IPO of Chinese auto-parts maker attracted 5,678 times in subscription from Hong Kong retail investors, trailing only Kwai Chung’s 2018 offering.

Posted on 09/11/2024

Hong Kong to look at procuring flu jabs for family doctors amid supply concerns: official

Undersecretary for Health Dr Libby Lee says authorities want to prevent a shortage in the private market amid the flu season.

Posted on 08/11/2024

Senior Beijing official calls for ‘concrete action’ as he meets Hong Kong tycoons

Hong Kong and Macau Affairs Office head meets real estate tycoons and urges them to ‘recognise their responsibilities’.

Posted on 08/11/2024

Hong Kong home prices to bottom out in short term after rate cut, analysts say

and Bank of China Hong Kong (BOCHK) – followed suit, trimming the cost of borrowing to the lowest level in two years. BOCHK, HSBC and its subsidiary Hang Seng Bank will trim their prime rate by a ...

Posted on 08/11/2024

Hong Kong justice minister says he won’t ‘waver’ when asked about possible sanctions under second Trump term

No one should attempt to interfere with ongoing legal proceedings in Hong Kong, the city’s justice minister has said in response to US president-elect Donald Trump’s earlier pledge to secure the ...

Posted on 08/11/2024

Hong Kong doctor found with 20 grams of meth jailed for 10 months on drug charges

A Hong Kong obstetrician who kept more than 20 grams (0.7 ounces) of crystal meth in a hotel room he shared with his boyfriend has been sentenced to 10 months in jail for five drug offences. Counsel ...

Posted on 08/11/2024

63 arrested in operation targeting cross-border sex worker ring, with mastermind working in Hong Kong

Three people arrested in city allegedly operated website advertising sex services, with earnings converted into cryptocurrency.

Posted on 08/11/2024

Hong Kong to explore flu vaccine procurement for family doctors amid supply concerns: official

Undersecretary for Health Dr Libby Lee says authorities want to prevent a shortage in the private market amid the flu season.

Posted on 08/11/2024

DBS Bank buys entire 75th floor in The Center, extending foray into Hong Kong property market

DBS Group Holdings, Singapore’s biggest lender, is taking advantage of a property slump to expand its business in Hong Kong by picking more office space in what used to be the world’s most expensive ...

Posted on 08/11/2024

Hong Kong’s base interest rate drops to 5% after Fed’s quarter-point cut

Hong Kong’s de facto central bank has cut its base interest rate ... economic and trade policies,” the HKMA said in a statement after the rate cut. “The risk of global financial market volatility ...

Posted on 08/11/2024

Soros Fund Management to Shut Hong Kong Office in Rejig

Soros Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative reorganization, but said it will continue to invest in Asia.

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